MILWAUKEE -- Regardless of the type of financial service provider, fee income is on the skids for many as consumers lean more toward cherry picking the types of services they deem essential these days.
CHARLOTTE, N.C. -- With locals growing nervous over economic and job concerns, Carolina Postal Credit Union has launched a new campaign to help ease their fears.
WASHINGTON -- MIT Federal Credit Union exemplified the opportunities that exist for credit unions in this current market by taking the place of Citibank as a lender for private student loans at the MIT Sloan School of Management.
CHARLOTTE, N.C. -- While local football favorites the Carolina Panthers may not have made it to the Super Bowl, Charlotte Metro Credit Union pulled pigs out from under a blanket at game time.
GALENA PARK, Texas -- The Crosby-Huffman Chamber of Commerce has changed the format of its annual expo in the hopes of benefiting local credit unions and other local businesses.
INDIANAPOLIS -- Indiana Members Credit Union is making a run for the commercial business of new and potential members with cash tools long the exclusive province of banks.
PITTSFIELD, Mass. -- A typical day at Greylock Investment Group may mean a member wanting to buy 100 shares of a $10 stock or advising a client who is on a fixed income and has $6 million in assets.
WASHINGTON -- Clients of Gordon B. Grigg and his firm ProTrust Management Inc. were allegedly defrauded out of $6.5 million through a bogus claim that their money would be invested in the federal
ATLANTA -- VSoft Corp. and Integrated Media Management have announced a joint offering of their services to help financial institutions meet the closure deadlines the Federal Reserve has set for its check processing centers.
WASHINGTON -- Credit unions who have exemplary executives, volunteers, marketing programs or political activism can enter NAFCU's annual awards competition.
NEW YORK -- For the first time, the IRS has provided a grant to help a coalition of credit unions provide volunteer income tax assistance to their lower income members.
SAN DIEGO -- The complexity of collateralized debt obligation values and the effect of U.S. Central's losses is causing some retail corporates to delay December 2008 financials
HARRISBURG, Pa. -- These are certainly serious times. And Emmor Boslet doesn't mean to make light of them by suggesting she might do better to bring a couch into her office.
AUGUSTA, Maine -- KV Federal Credit Union is actively moving forward with changing its charter to a mutual bank
WASHINGTON -- Concerned about the impact on their balance sheets at a time of economic tumult
WASHINGTON -- Judging by the NCUA's laundry list of potential regulatory, operational and organizational changes facing corporate credit unions, the $1 billion U.S.
WASHINGTON -- Credit unions are hoping that the Treasury Department will open the coffers of the Troubled Asset Relief Program when the department unveils new rules soon.
HOBOKEN, N.J. -- There's a common thread found among direct and indirect credit union auto lenders that have seen success in their programs over the past year; strong dealer relationships.
WASHINGTON -- The NCUSIF received some breathing room and access to more money to deal with emergencies as a result of amendments approved by the House Financial Services Committee last Wednesday.
MONTGOMERY, Ala. -- It was a painful encounter when MAX Community Credit Union lost out on a plum equipment leasing contract with a local medical facility to a larger bank.
PASADENA, Calif. -- Wescom Resources Group said the past year was its best yet, growing its client base to more than 225 credit unions and posting a 49% increase in revenue and a 29% increase in net income over the previous year.
JACKSONVILLE, Ark. -- Arkansas Federal Credit Union is going first with a home and small office check capture solution from an Atlanta company that already has made a big mark in merchant capture and the corporate credit union space.
SAINT SIMONS ISLAND, Ga. -- Mike Flores, CEO of Bretton Woods Inc., a management consulting firm for financial institutions,
PURCHASE, N.Y. -- A recently released MasterCard International paper defends credit and debit card interchange as a key part of a robust electronic payments system that benefits everyone. The paper
SAN FRANCISCO -- Health care banking technology solutions provider Canopy Financial found that the recession has had some impact on health savings account balances.
RIVERSIDE, Calif. -- Noninterest income has been a blessing for some credit unions located at the epicenter of California's mortgage upheaval,
NEW YORK -- Because consumers are withdrawing less from ATMs and writing fewer checks, some banks are reporting a drop in noninterest income generated through overdraft and customer service fees.
WASHINGTON -- The nation's credit unions report "fee income" and "other operating income," not the different sources of noninterest income.
Even in these unprecedented times, credit unions in general have shown themselves to be prudent lenders and a source of stability for their members as the availability of credit from banks has dried up.
Out of today's economic turmoil will emerge tomorrow's opportunities. Credit unions need to take advantage of these opportunities.
First Bristol Federal Credit Union, Bristol, Conn., earned a five-star superior rating from BauerFinancial Inc.
Leominster Credit Union, Leominster, Mass., honored 25 current staff members for their combined 224 years of service